Accusing colleague demands millions of dollars as compensation for 'horrible things' that were done to him.
Square is doing big things for the mobile payments space, but the card-reading firm has been hit with controversy as chief operating officer Keith Rabois quit following accusations of sexual harassment in the workplace, he posts in a blog.
The accusing Square colleague, who is also male, is demanding 'millions of dollars' to drop the lawsuit. However, Rabois says the two have had an exisiting relationship since 2010, but the unnamed claimant says Rabois did 'horrible things' to him.
Rabois, said: "I was told that only a payment of millions of dollars will make this go away, and that my career, my reputation, and my livelihood will be threatened if Square and I don't pay up.
"I decided to resign from Square so my colleagues could continue to do great work without the distraction that a lawsuit would most certainly bring. I am already working on something new and hope to announce that in February."